Economic Data Calls for Feb 5, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 5, 2019) — Good Luck Trading!

1. AU PMI Services, Trade Balance & Retail Sales (18:30 & 21:30 ET) Bullish AUD – Potential for upside surprise given stronger manufacturing activity

2. RBA Rate Decision (02:30AM ET) No Trade – Rate decisions are best traded reactively. RBA could be a bit more cautious

3. EZ PMI Revisions (03:55 ET) No trade – Revisions are difficult to predict but if changes are made will be market moving

4. UK PMI Services & Composite (04:30 ET) Bearish GBP – Potential downside surprise given drop in manufacturing PMI index

5. EZ Retail Sales (05:00 ET) Bearish EUR – Potential downside surprise given drop in German & French retail sales

6. US Non-manufacturing ISM (10:00 ET) Bullish USD – Potential upside surprise given strong NFP

Weekly Calendar Calls